Godrej Industries has raised Rs 1000 crore through allotment of two series of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) on private placement basis on June 24, 2026.
The Management Committee of the Board of Directors of the company has approved the allotment of 50,000 NCDs having face value of Rs 1,00,000 each (Series 1 Debentures). Additionally, the Management Committee has approved the allotment of 50,000 NCDs having face value of Rs 1,00,000 each (Series 2 Debentures).
The proceeds of the Issue are proposed to be used for business purposes, investments in body corporate(s), repayment/pre-payment of certain loans and for general corporate purposes.
Godrej industries a part of Godrej group, is India's leading manufacturer of oleochemicals and makes more than a hundred chemicals for use in over two dozen industries.
